NB Global Floating Rate Income Fund Limited is a closed-ended investment fund that seeks to provide shareholders with a regular stream of income through dividends. The investment trust also seeks to preserve and grow investor’s capital in addition to offering protection against rising interest rates the investment fund invests in a portfolio of below investment grade secured corporate loans. It also invests in senior secured bonds. The investment trust achieves high levels of diversification by investing in different industries as well as borrowers.
NB Global Floating Rate Income Fund Limited invests in secured loans issued in the U.S dollar as well as Sterling Pound and the Euro. It also targets bonds issued in the European Union as well as North America.
Neuberger Berman Europe is the investment trust manager. The investment trust also trades in the main market of the London Stock Exchange.
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